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Biotech / Medical : Catalytica Energy Systems, Inc. (CESI) -- Ignore unavailable to you. Want to Upgrade?

To: Erik T who wrote (1435)	1/12/2000 8:40:00 AM
From: Liatris Spicata	Read Replies (2) \| Respond to of 1514

Erik- Nice post, although I'd like to check out your figure on how low the cost of fuel cell technology is projected to go in the next 20 years. I vaguely recall reading a cost projection for FCs in Scientific American in the past year or so that was much lower than the figure cited in your source (I'll try to check it out). FC will undoubtedly become cheaper as they become mass produced. In any case, saavy market pros may want to head for the hills on this stock, because the prototype Stumbling Amateur Little Guy (moi) has just bought in at 11 3/4. I had two limit orders on this company last year, but both expired without execution. I think (aside from your posts) what caused me to buy in was the idea that the market is more or less ignoring the potential of Xonon. I claim this because last month's announcement seemed a significant step toward commercial realization of Xonon, yet the stock did not react. (Logically, it also could be that the market has assumed all along that Xonon will come on stream some day, but given current valuation I don't think so.) How long will it be before either 1) Xonon achieves significant commercial acceptance, or 2) the market "discovers" the technology and Al Gore invents it? I'm sure I'm not the only one who'd like to know. Larry